Moto Goldmines (MTO)

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Moto Goldmines (MTO): Signals

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Average true range (ATR) is a technical analysis volatility indicator originally developed by J. Welles Wilder Jr. for commodities. The indicator does not provide an indication of price trend simply the degree of price volatility.

Calculation: Average True Range (ATR):
1) Current ATR = [(Prior ATR x 13) + Current TR] / 14;
2) Where TR = max[(high-low) abs(high-close previous) abs (low-close previous)]

PROFILE: Moto Goldmines (MTO.AX)

Stock Exchange: ASX
Company: Moto Goldmines
Ticker Codes: | MTO.AX | ASX:MTO |

About Moto Goldmines (ASX:MTO):

MotorCycle Holdings Limited operates as a motorcycle dealer in Australia. The company is involved in the sale of new motorcycles, used motorcycles, and accessories and parts; and finance, insurance, and warranty activities, as well as service and repair of motorcycles. It operates 34 franchises operated from 24 locations in Queensland, New South Wales, and the Australian Capital Territory. The company also owns and operates a rider training school and a motorcycle repair business that performs smash repair work for insurers. MotorCycle Holdings Limited was founded in 1989 and is based in Slacks Creek, Australia.

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Average True Range

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